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Most recents (2)
Amid the spread of 'doom and gloom' by usual suspects on the latest #EconomyNumbers, of what is clearly only a cyclical downturn, some facts.
1) Real GDP Growth: 6.4% at the end of 2014, avg. 7.5% between 2014-19
2) Headline inflation: 10.3% in 2013-14; 4.5% in 2018-19 (1/n)
1) Real GDP Growth: 6.4% at the end of 2014, avg. 7.5% between 2014-19
2) Headline inflation: 10.3% in 2013-14; 4.5% in 2018-19 (1/n)
3) Food inflation: 2009-14: 11.2%; just 3.5% in 2019 at end of NDA-01
4) FDI inflows (gross): 2014: $189.5 billion; in 2019: $283.9 billion
5) Foreign Exchange Reserves: 2014: $ 304.2 billion; $412.9 billion in 2019
(2/n)
4) FDI inflows (gross): 2014: $189.5 billion; in 2019: $283.9 billion
5) Foreign Exchange Reserves: 2014: $ 304.2 billion; $412.9 billion in 2019
(2/n)
6) Services sector real GVA growth: 7.4% at end of 2009-14; 8.4% at end of 2014-19
7) Manufacturing real GVA growth: 5.3% at end of UPA 2; 8.4% at end of NDA 1
8) Core inflation: In 2014: 9.4%; in 2019: just 5.11% (3/n)
7) Manufacturing real GVA growth: 5.3% at end of UPA 2; 8.4% at end of NDA 1
8) Core inflation: In 2014: 9.4%; in 2019: just 5.11% (3/n)
Amid the spread of 'doom and gloom' by usual suspects on the latest #EconomyNumbers, of what is clearly only a cyclical downturn, some facts.
1) Real GDP Growth: 6.4% at the end of 2014, avg. 7.5% between 2014-19
2) Headline inflation: 10.3% in 2013-14; 4.5% in 2018-19
1/5
1) Real GDP Growth: 6.4% at the end of 2014, avg. 7.5% between 2014-19
2) Headline inflation: 10.3% in 2013-14; 4.5% in 2018-19
1/5
Some #EconomyNumbers facts in to put debate in context:
3) Food inflation: 2009-14: 11.2%; just 3.5% in 2019 at end of NDA-01
4) FDI inflows (gross): 2014: $189.5 billion; in 2019: $283.9 billion
5) Foreign Exchange Reserves: 2014: $ 304.2 billion; $412.9 billion in 2019
2/5
3) Food inflation: 2009-14: 11.2%; just 3.5% in 2019 at end of NDA-01
4) FDI inflows (gross): 2014: $189.5 billion; in 2019: $283.9 billion
5) Foreign Exchange Reserves: 2014: $ 304.2 billion; $412.9 billion in 2019
2/5
Some #EconomyNumbers facts in to put debate in context:
6) Services sector real GVA growth: 7.4% at end of 2009-14; 8.4% at end of 2014-19
7) Manufacturing real GVA growth: 5.3% at end of UPA 2; 8.4% at end of NDA 1
8) Core inflation: In 2014: 9.4%; in 2019: just 5.11%
3/5
6) Services sector real GVA growth: 7.4% at end of 2009-14; 8.4% at end of 2014-19
7) Manufacturing real GVA growth: 5.3% at end of UPA 2; 8.4% at end of NDA 1
8) Core inflation: In 2014: 9.4%; in 2019: just 5.11%
3/5
